New 1802 Draped Bust Large Cent to Share

msch1man · November 18, 2016 12:05PM

Just picked up this 1802 S-242 Large Cent. It's in a PCGS AU-55 holder. I don't have Noyes' census, but according to the seller, it's 6th in the census for the variety with Noyes grading it 45/40 Average+. I haven't traced the provenance back, but again according to the seller, it's Ex-Doug Bird, Robbie Brown, and Wes Rasmussen. It's a little darker than the pics appear, but has really nice even brown surfaces. It's a great coin for my early type set that I was happy I was able to acquire. Of course, when it rains it pours because I bought this coin about 24 hours after I had just bought another Draped Bust type for my set (to put that in perspective, I was only able to add 1 coin to my type set in the previous 12 months - so 2 in 24 hours was pretty unexpected). Just wanted to share - comments/feedback both good and bad welcomed.

BillJones · November 18, 2016 12:15PM

That is a very nice example. Congratulations!

I don't have Noyes condition census either, so I can't help you with that one. I image Noyes would probably call it an EF-40. People say I'm a tough grader ... Noyes is brutal. I agree with the PCGS grade or perhaps might slip back to AU-53, but no lower.

johnny9434 · November 18, 2016 12:42PM

that's in real good shape.

crazyhounddog · November 18, 2016 12:52PM

WOW! Super nice example
Congratulations on such a nice pickup.
SWEET

SeatedHalf1839 · November 18, 2016 1:00PM

Very nice. I like em a little more chocolate-y myself, but no complaints.

LoveMyLiberty · November 18, 2016 1:20PM

Your coin sold thru Heritage at the FUN auction #360,
Jan. 13, 2005, lot# 3292 in the Wes Rasmussen Collection.

1802 AU-58 NGC. VF-35 EAC., Die State III, R.2
This splendid cent just misses the expanded Condition Census recorded
by Del Bland. The 15 finest coins range from AU-55 down to XF-40, with this cent
at the next lower level. We suggest that it is one of the 20 finest of this die
marriage. This is a choice quality cent with medium chocolate-brown surfaces
and some lighter chestnut-brown color. A faint scratch on Liberty's cheek is
only visible with a glass. Die state evidence indicates that the 1803 Stemless
variety, S-243, was struck prior to the 1802 Stemless variety with the same
reverse (S-241), and that this example was struck after S-241, thus also after
the first of the 1803 cents.

Ex: Superior (9/88), lot 1801; Doug Bird (11/89); Robinson S. Brown, Jr.
(Superior, 1/96), lot 337. (#1470)